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$370,000

2005 Linda Ln, Richardson, TX, 75081

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,786 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.17 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Cooktop, Refrigerator
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size7,700 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42010500160030000
Lot Number3
SubdivisionArapaho East 2nd Inst Rev
Land UseResidential
Legal DescriptionARAPAHO EAST 5 2ND INST REV BLK 16 LOT 3 VOL93148/1741 EX071593 CO-DALLAS 0105001600300 34201050016
Census Tract019037
Assessed Land Value$100,000
Assessed Improvement Value$266,070
Assessment Year2025

About this property

Freshly Renovated Richardson Gem – Move-In Ready & Priced to Move! Welcome to 2005 Linda Lane, a thoughtfully updated 3-bedroom, 2-bath home located in the established and highly sought-after Arapaho East neighborhood of Richardson. This home delivers the perfect mix of modern updates, functional living space, and an unbeatable central location — all just minutes from Yale Park, Richardson ISD schools, US-75, and George Bush Turnpike. Inside, you’ll find a bright, open layout with fresh LVP flooring, neutral paint, and updated fixtures throughout, creating a clean, modern feel that’s easy to make your own. The main living area flows effortlessly into the updated kitchen, featuring modern countertops and stainless-steel appliances, making it ideal for everyday living and entertaining alike. The primary suite is a comfortable retreat with a fully updated en-suite bathroom, while two additional bedrooms offer flexibility for guests, a home office, or additional living space. Both bathrooms have been stylishly remodeled with timeless finishes. Out back, enjoy a private, fenced yard with plenty of room to relax, entertain, or let pets play — a rare find in this area. Highlights Include: • Fully updated interior — truly move-in ready • New LVP flooring, fresh paint, and modern lighting • Updated kitchen with stainless appliances • Remodeled bathrooms with clean, timeless finishes • Private backyard with fencing • Prime Richardson location close to parks, shopping, dining, and major highways Homes like this — updated, well-located, and ready to go — don’t last long. Schedule your private showing today and see why 2005 Linda Lane is an incredible opportunity in Richardson.

Investor Tools

Property Icon
$368,000
Estimated Property Value
$309,529Estimated Mortgage Balance
$62,080Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$445/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,499
$366,070
2025
$100,000
$266,070
$366,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,499
$366,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
2417 Nw Dallas Street Llc
Unknown
$309,529
No
First
Sep 8, 2025
Sep 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$305,920
$62,080
16%
83%
$1,856/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,856/mo
+$454/mo
7.5%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Richardson

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2005 Linda Ln | Property Details | No Agent List